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CRY:BTC, Jan 20, 08:26 UTC

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Saturday, January 18


News

Bitcoin Climbs Above 9,034.6 Level, Up 0.65%

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Bitcoin was trading at 9,034.6 by 20:02 (01:02 GMT) on the Investing.com Index, up 0.65% on the day. The volume of Bitcoin traded in the twenty-four hours to time of writing was $32.3B or 25.78% of the total volume of all cryptocurrencies. At its current price, Bitcoin is still down 54.53% from its all-time high of $19,870.62 set on December 17, 2017. Ethereum's market cap was last at $19.2B or 7.68% of the total cryptocurrency market cap, while XRP's market cap totaled $10.7B or 4.26% of the total cryptocurrency market value.

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Bitcoin on the Cusp of a Massive Rally as Analysts Closely Watch Monthly Close

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Bitcoin’s firm uptrend throughout 2020 has now led it to reach a key near-term resistance level that its bulls are currently contesting. The cryptocurrency has tapped the $9,000 region on a few occasions over the past few days, with each visit to this level being closely followed by a slight sell-off that leads it down towards its current price levels. If Bitcoin is able to push above $9,000, FlibFlib – a highly respected cryptocurrency analyst on Twitter – explained that he will be closely watching for a movement up towards its previous weekly resistance at $9,555. The monthly close is gonna be fun to observe, it’s either gonna be shattered bear or bull dreams,” DonAlt, another popular crypto analyst on Twitter, explained in a recent tweet. Because of this, how Bitcoin responds to its resistance at $9,000 could be the single key factor that sets the tone for just how significant this rally will be throughout the course of the new year.Featured image from Shutterstock. Bitcoin on the Cusp of a Massive Rally as Analysts Closely Watch Monthly Close was last modified: January 18th, 2020 by.

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Forget gold and Bitcoin! Here’s how I’d invest £500 right now

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Fool.co.uk18 January 2020, 12:50 UTC. While gold and Bitcoin may be viewed as attractive investments by some investors, there could be better opportunities available elsewhere for someone with £500 of spare capital. Gold gained over 15% in 2019, while the Bitcoin price surged over 90% higher in the same time period. Both assets, however, could have relatively unfavourable risk/reward opportunities, which means that there may be a better investment strategy available to long-term investors. In Bitcoin’s case, its lack of fundamentals mean that it is impossible to accurately value the virtual currency. As such, you may end up buying £500 of the cryptocurrency at a price which proves to be highly unfavourable and leads to significant losses.

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Discover a Detailed Review on Bitcoin Era Pro Software

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It is one of the best cryptocurrency trading software with a very high success rate. The software trading robot uses market data and industry trends to analyze the market potential of cryptocurrencies. When there is a high possibility of making profits, the trading bot alerts a user to grant permission to trade. The Demo Trading feature of the Bitcoin Era Pro software, allows you to carry out trading without risking your minimum deposit of $250. What this simply means is that Demo trading gives you a feel of how the live trading would be like, but this time, you may be using a virtual currency. What does it cost to open a Bitcoin Era Pro account? We have earlier stated that the Bitcoin Era Pro software is free and does not require you to pay any fee.

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Friday, January 17


News

New Hampshire’s proposal to accept Bitcoin for tax payments fails

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New Hampshire’s innovative state legislation that would have allowed state agencies to accept cryptocurrencies as payment for taxes has been retracted. The main stumbling block for state agencies in New Hampshire was the volatility of Bitcoin and other cryptocurrencies, which could have turned into a significant expense for the state. In November 2018, it became the first state to accept cryptocurrency for tax payments, only for the legislation to be suspended in October 2019 as the state’s treasurer, Robert Sprague, claimed that officials needed to ensure it was compliant with existing Ohio law. For more news, guides, and cryptocurrency analysis, click here. The post New Hampshire’s proposal to accept Bitcoin for tax payments fails appeared first on Coin Rivet.

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Review: HTC Exodus 1s, the Full Bitcoin Node Smartphone

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Review: HTC Exodus 1s, the Full Bitcoin Node Smartphone | NASDAQ. When it launched during The Lightning Conference in October 2019, HTC’s Exodus 1s smartphone took on the ambitious mission of endowing Bitcoiners with a device that delivers the security of a hardware wallet and the privacy and sovereignty of a full Bitcoin node. Weighing less than 6 ounces and sporting a shiny 5.7-inch screen, the HTC Exodus 1s is also the most portable full node solution available for retail. But is it really the ideal, all-in-one device to replace all of your Bitcoin-related items? For more than a month, I tested the HTC Exodus 1s under various conditions to highlight both its hardware and software capabilities. Ultimately, this review should provide useful insight that can benefit potential buyers — and also provide some feedback for HTC. What’s in the HTC Exodus 1s Box? As soon as you peel the plastic foil off of the HTC Exodus 1s’s plain white box, you are greeted by the core element of the packaging: the black and glossy phone. The full Bitcoin node is definitely the most unique feature and the primarily selling point of the HTC Exodus 1s. But in order to proceed with the initial block download, you must first fulfill two conditions: Acquire an SD card that can store more than 260 GB of data (there are 400 GB and 512 GB options, both of which are available for about $100 in most electronics stores), and conduct the download through HTC’s Zion application. While the former prerequisite is reasonable (the phone only has 64 GB of storage, which means it can only accommodate a pruned node), the latter limits the possibilities involved in a process that should be about liberation and financial sovereignty.

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New Hampshire’s proposal to accept Bitcoin for tax payments fails

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New Hampshire’s innovative state legislation that would have allowed state agencies to accept cryptocurrencies as payment for taxes has been retracted. The main stumbling block for state agencies in New Hampshire was the volatility of Bitcoin and other cryptocurrencies, which could have turned into a significant expense for the state. In November 2018, it became the first state to accept cryptocurrency for tax payments, only for the legislation to be suspended in October 2019 as the state’s treasurer, Robert Sprague, claimed that officials needed to ensure it was compliant with existing Ohio law. For more news, guides, and cryptocurrency analysis, click here. The post New Hampshire’s proposal to accept Bitcoin for tax payments fails appeared first on Coin Rivet.

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Bitcoin Is Trying To Break Above $9,000

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Altcoins have shown impressive spike and at the moment switched to more moderate growth. Over the last week, the total capitalization of the crypto market grew by 18% to $244bn. What is happening now is indeed often reminiscent of 2017, but the current price levels of altcoins are still much lower. The first to declare the beginning of the “altcoin season” faced harsh criticism. However, now it is unlikely that the critics will be so fierce. The more consistent the growth of altcoins, the fewer pessimists will be left. And when there are very few pessimists, the market usually starts to drop.

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Bitcoin Payments Ecosystem Market 2020 Global Industry Size, Trends, Growth Factors, Development Trends, Key Players and Forecast by 2025 – Fusion Science Academy

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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points within the industry’s value chain. The report focuses on global major leading Bitcoin Payments Ecosystem Industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. In this report, the global Cold, Cough and Sore Throat Remedies market is valued at USD XX million in 2019 and is projected to reach USD XX million by the end of 2025, growing at a CAGR of XX% during the period 2019 to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2019 to 2025.

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Sorry Bears, Bitcoin Won’t Go Down Quietly And Here’s Why It Could Rally

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The main supports on the downside are near $8,580 and $8,500. It is now approaching the $8,800 and $8,820 resistance levels. The 76.4% Fib retracement level of the recent decline from the $8,866 high to $8,578 low is also near $8,800. More importantly, there is a new breakout pattern forming with resistance near $8,825 on the hourly chart of the BTC/USD pair. If the bulls manage to push the price above the triangle resistance and $8,840, there are high chances of more upsides above the $8,900 resistance.

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